More households are using this as their main winter fuel to save cash. But there may be hidden costs.» Read More
LONDON, Nov 12- New funding for research into lower-cost ways of capturing carbon dioxide is meant to emphasise the Obama administration's commitment to a future for cleaner coal-fired power generation.
*Kerry sees Iran nuclear deal within months. *Britain and Iran to revive diplomatic ties. Iran and six world powers- the United States, Britain, Russia, France, China and Germany- came close to a preliminary nuclear agreement at the weekend during talks in Geneva and decided to resume negotiations on Nov. 20 in their attempt to defuse a decade-old standoff.
CNBC's Sri Jegarajah reports from Manila, Philippines, on the "slow and hampered" aid efforts after Super Typhoon Haiyan hit the area. The country has professional emergency services, however they are overwhelmed and there is a lot of risk for water borne diseases.
BANGKOK, Nov 11- Thailand's Ratchaburi Electricity Generating Pcl has pulled out from a bid for Australia's Macquarie Generation, New South Wales' biggest energy generator, after failing to reach a deal with a potential partner, its chief executive said.
DUBAI/ GENEVA, Nov 10- President Hassan Rouhani, architect of Iran's diplomatic opening to big powers, said on Sunday it would not yield to any threats or discrimination in an apparent bid to keep hardliners on side as Tehran edges toward a deal on its nuclear programme.
GENEVA, Nov 10- French Foreign Minister Laurent Fabius said on Sunday that nuclear talks between Iran and global powers had finished without an agreement but that they would continue at a later date.
HONG KONG, Nov 8- China's loss-making solar panel makers believe they may have found a way out of their nightmare- by becoming one-stop renewable energy shops with their own solar farms. "Definitely the trend is Chinese manufacturers will make more downstream investment," said a senior official at Chinese solar panel maker Canadian Solar.
Nov 7 (Reuters)- James River Coal Co idled four more mines in Central Appalachia and temporarily laid off about 200 employees as the company looks to shore up its precarious cash position amid weak coal prices. "The balance sheet continues to be the critical issue to watch for James River Coal," Simmons& Co analyst Bill Herbert said in a note.
Nov 7- James River Coal Co said it idled four mines in eastern Kentucky in Central Appalachia and temporarily laid off about 200 employees as coal prices fall further. James River Coal shares were down about 0.5 percent in trading before the bell, after the coal miner reported a slide in shipments and a bigger loss for the third quarter.
By Meeyoung Cho and Jane Chung. SEOUL, Nov 7- South Korea should reduce its reliance on nuclear power as advised by a working group last month but should clarify how many new reactors will be added in absolute terms, participants at a public congressional hearing said on Thursday.
*U.S. wants first step from Iran to curb nuclear activity. GENEVA, Nov 7- World powers will seek to hammer out a breakthrough deal with Iran to start resolving a decade-old dispute over its nuclear programme in two-day talks that begin on Thursday, although both sides say an agreement is far from certain.
HOUSTON, Nov 6- Power companies operating in competitive U.S. power markets are struggling to make money under rules and regulations that were not designed for the rapidly changing electricity landscape, a top power company executive said on Wednesday.
*U.S. wants first step from Iran to curb nuclear activity. GENEVA, Nov 7- World powers will seek to hammer out a breakthrough deal with Iran to start resolving a decade-old dispute over its nuclear programme in two-day talks that begin on Thursday, though both sides say an agreement is far from certain.
Nov 6- SunEdison Inc broke even in the third quarter after posting two straight quarterly losses and said it could spin off some solar power plants next year into a new publicly listed company. SunEdison shares rose 8 percent to $11.22 on Wednesday afternoon on the New York Stock Exchange.
Nov 6- Duke Energy Corp, the largest U.S. power company, posted a lower-than-expected quarterly profit on Wednesday, primarily due to wet, cool weather in North and South Carolina that reduced demand for air conditioning. Third-quarter net income was $1 billion, or $1.42 per share, compared with $594 million, or 85 cents per share, a year earlier.
TOKYO, Nov 6- Tokyo Electric Power Co, the operator of the wrecked Fukushima nuclear station, will propose restarting another of its atomic plants next July in a new business plan to be released in December, the Yomiuri newspaper reported on Wednesday.
TOKYO, Nov 4- The operator of Japan's wrecked Fukushima nuclear plant is working on a reorganization plan to fend off more drastic proposals, including possibly dragging the company through bankruptcy in return for a publicly funded clean-up and shutdown of the reactors.
WASHINGTON, Nov 1- A "significant milestone" is at hand for cleanup of Japan's Fukushima nuclear plant, with spent nuclear fuel removal likely to start on schedule, the U.S. "It appears that spent nuclear fuel will begin to be removed from Unit 4 as scheduled in mid-November," Ernest Moniz said in a statement.
RIO DE JANEIRO/ SAO PAULO, Oct 31- Brazilian tycoon Eike Batista's oil company OGX Petróleo e Gas Participações SA agreed on Thursday to sell its 67 percent stake in its natural gas unit for 344 million reais, the day after it filed for bankruptcy protection.
SAO PAULO, Oct 31- Brazilian investment firm Cambuhy Investimentos Ltda and Germany's E.ON SE joined to buy control of OGX Petróleo e Gás Participações SA's gas unit for 250 million reais, helping the beleaguered oil company raise funds after seeking court protection from creditors.